August 24, 2019

Manufacturing of refrigerators, freezers rises 15.6% in 4 months on year

TEHRAN- Manufacturing of refrigerators and freezers in Iran during the first four months of the current Iranian calendar year (March 21- July 22) has risen 15.6 percent from that of the same period of time in the previous year, IRNA reported citing the...
August 24, 2019

TEDPIX gains 4,736 points in a week

TEHRAN- TEDPIX, the main index of Tehran Stock Exchange (TSE), has risen 4,736 points, or 1.81 percent, to 266,127 during the five working days of the past Iranian calendar week (Saturday to Wednesday), Tasnim news agency reported.
August 24, 2019

Inflation rate at 42.2%: statistical center

TEHRAN- The Statistical Center of Iran announced that the inflation rate in the twelve-month period ended on August 22, which marks the end of the fifth Iranian calendar month of Mordad, stood at 42.2 percent, Mehr news agency reported.
August 23, 2019

4-month steel exports exceed 2.24mt

TEHRAN - Iran’s major steel producers exported 2.241 million tons of steel during the four-month period from March 21 to July 22, IRNA reported.
August 23, 2019

‘NIOC to award South Pars oil layer to a domestic company under IPC’

TEHRAN – National Iranian Oil Company is going to award the development project of the South Pars oil layer to a domestic company, under Iran’s new model of oil contracts (known as IPC), NIOC director of integrated planning told IRNA.
August 23, 2019

Thermal power output up nearly 9GW in 6 years

EHRAN – The power generation capacity of Iran’s thermal power plants has increased by 9,000 megawatts (9GW) over the past six years, IRIB reported, citing the portal of Energy Ministry (known as Paven).
August 23, 2019

Agricultural production up 3.3% in 6 years

TEHRAN –Iran’s total agriculture production in various sectors including horticulture, livestock, poultry and aquaculture reached 122 million tons in the past Iranian calendar year (ended on March 20, 2019), a 3.3 percent rise compared to the figure fo...
August 23, 2019

25 airport projects to go operational in Government Week

TEHRAN – Some 25 major infrastructure projects will be inaugurated at nine different airports across Iran on the occasion of the Government Week (August 24-30), IRNA reported on Friday, quoting an airport official as saying.
August 23, 2019

Iran to transfer capital market knowledge, experience to Iraq

TEHRAN - A group of representatives from Iranian and Iraqi capital markets are set to cooperate in a joint project in which the Iranian side is going to share its knowledge and experience in this field with the Iraqi counterpart, the portal of Iran Cha...
August 21, 2019

Industrial unit establishment permits up over 24%

TEHRAN- Issuance of permits for setting up industrial units in Iran increased 24.1 percent in the first four months of the current Iranian calendar year (March 21-July 22), IRNA reported citing the data released by the Ministry of Industry, Mining and ...
August 21, 2019

Iran’s nominal electricity generation capacity touches 85GW

TEHRAN – The nominal capacity of electricity generation at Iranian power plants has reached 84,795 megawatts [84.795 gigawatts (GW)], IRNA reported on Wednesday.
August 21, 2019

New 100,000t SPM system installed in Siraf port

TEHRAN – Iran's Fajr Jam Gas Refinery has installed a new 100,000-ton single-point-mooring (SPM) system near Siraf Export Terminal in southern Bushehr province, Shana reported on Wednesday.
August 21, 2019

62 power supply projects operational in Government Week

TEHRAN - Head of Tehran’s Power Distribution Company said 62 power supply projects are going to be inaugurated in the city on the occasion of the Government Week (August 24-30).
August 21, 2019

Over $554m of FDI approved for industry, mining, trade projects in 4 months

TEHRAN- Some $554.4 million of foreign direct investment (FDI) has been approved by the Ministry of Industry, Mining and Trade during the first four months of the current Iranian calendar year (March 21-July 22).
August 21, 2019

Over 60m tons of goods loaded, unloaded at Iran’s ports since March

TEHRAN- loading and unloading of goods at ports of Iran has exceeded 60 million tons since the beginning of current Iranian calendar year (March 21), the portal of the Roads and Urban Development Ministry reported quoting the minister as saying on Tues...
August 21, 2019

Rouhani issues directive on supporting oil and gas industry’s downstream sector

TEHRAN –President Hassan Rouhani has passed a directive on supporting oil industry’s downstream sector to the oil ministry, Shana reported on Wednesday.
August 20, 2019

Iron ore concentrate output exceeds 15mt in 4 months

TEHRAN- Production of iron ore concentrate in Iran during the first four months of the current Iranian calendar year (March 21 – July 21) reached 15.903 million tons, registering a three percent rise compared to the same period last year, IRNA reported.
August 20, 2019

Iran’s 4-month steel ingot production up 4% yr/yr

TEHRAN – The output of Iran’s 10 major steel ingot producers reached 6.863 million tons in the first four months of the current Iranian calendar year (March 21-July 22), indicating a four percent increase compared to last year’s same period.
August 20, 2019

Several oil and gas projects to be inaugurated in Government Week

TEHRAN – Several development projects in different sectors including oil, gas and energy are to be inaugurated on the occasion of the Government Week (August 24-30), Government spokesman Ali Rabiei said on Monday.
August 20, 2019

‘Iran won’t wait for India on Farzad-B gas project’

TEHRAN – Iran is not going to wait for India on developing Farzad-B gas field and soon the project will know its operator, deputy head of the National Iranian Oil Company (NIOC) said, ISNA reported on Friday.